Jome Raises $9.8M to Transform How You Buy New Homes and Tackle the Housing Crisis

The U.S. housing crisis continues to loom large, with a staggering shortage of 4 to 7 million homes. Amid this backdrop, real estate technology startup Jome has secured $9.8 million in Series A funding to help address the growing demand for new construction homes. This funding round was led by Geek Ventures, with additional support from U.Ventures, Toloka VC, and Forefront VP. With a total of $16.5 million raised since its inception, Jome aims to expand its platform, making the home-buying process more accessible, efficient, and joyful.

As the housing market struggles to keep up with demand, particularly for new construction homes, Jome stands out as a critical player. The company, which was rebranded from NewHomesMate, has been actively working to solve the problem of finding and purchasing newly built homes. The process has long been complicated, with many new homes not even listed on the major real estate platforms, leaving buyers in the dark.

“There’s a shortage of 4 to 7 million homes in the U.S., making the building and selling of new construction homes a crucial lifeline to alleviate this crisis,” said Dan Hnatkovskyy, co-founder and CEO at Jome. “However, most newly built homes, or one-third of single-family homes on the market, aren’t even listed on the major real estate listing platforms and instead tucked away in builders’ spreadsheets. We created Jome to remove these bottlenecks while offering tailored support from certified real estate experts trained specifically on the nuances of the new construction home market. The new home buying process should be filled with joy, which encompasses the intention behind our new brand, Jome – to bask in the joy of purchasing a new construction home.”

Bridging the Gap Between Buyers and Builders

Jome’s AI-powered platform plays a key role in solving the data silos within the housing industry. By aggregating scattered information from builders’ spreadsheets, the platform allows buyers to easily access available inventory, builder incentives, pricing, and even details on amenities, air quality, and more. This wealth of information, previously difficult to find, is made accessible through a seamless user experience that empowers buyers to find, compare, and purchase their ideal home.

The company currently serves 16 major U.S. cities, including bustling hubs like Austin, Denver, and Miami. Jome lists 90% of available new construction inventory, offering advanced filtering tools and features like AI-powered contract reviews, personalized consultations with certified real estate experts, and the ability to book home tours instantly. This accessibility and convenience are changing the way buyers interact with the housing market, offering more informed decision-making and a stress-free experience.

For Jome, the home-buying journey is more than just a transaction—it’s about creating lasting memories. The platform is designed to guide buyers through the entire process, from the first search to the final move-in day. The company’s commitment to creating a joyful experience is reflected in its new branding and customer support initiatives.

“We’ve helped over 100,000 buyers find their perfect new homes and generated over $250 million in sales for builders, including major players like D.R. Horton, Lennar, and PulteGroup,” Hnatkovskyy said. “We want to continue fostering these relationships and creating meaningful connections between buyers and builders, all while enhancing the buying process.”

The company’s Buyer’s Care initiative goes above and beyond traditional customer service by offering personalized gifts, housewarming parties, and continued support for new homeowners. This approach ensures that buyers are celebrated for reaching such an important milestone in their lives, providing a sense of community and connection long after the transaction is complete.

Investor Confidence and Market Growth

The new funding will help Jome expand its presence in more markets across the U.S., further develop its technology, and continue to optimize the experience for both buyers and builders. “The recent surge in mortgage rates has caused people to increasingly stay put in their existing homes, which has put for-sale inventories at an all-time low. Jome has taken on an ambitious mission to fix access to housing, and has shown significant success on this path already,” said Ihar Mahaniok, Managing Partner at Geek Ventures. “The company has improved market efficiency for buyers and builders all over the country, as its outstanding growth trajectory shows. We value startups willing to take on big challenges and are glad to support their mission.”

Jome’s rapid growth is a testament to its ability to address real-world problems in the housing sector. The company has seen its revenue grow by over 300% since its 2023 seed round, and it aims to continue this momentum as it expands its platform’s reach.

A New Era in Home-Buying

As the platform continues to modernize the home-buying process, it reflects a broader shift in the real estate industry, where technology is being used to streamline and simplify traditional practices. Jome’s rebrand represents not just a fresh look, but also a commitment to putting the joy back into home buying. The company’s focus on user-friendly technology, personalized expert support, and an inclusive, community-driven approach is aimed at a new generation of homebuyers who expect more from their real estate experience.

“We believe a home is where life happens, dreams flourish, and new chapters begin,” Hnatkovskyy said. “Whether you’re stepping into your first home, expanding for a growing family, or seeking a space that reflects who you are today, we’re here to make the process joyful.”